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About author: Priyeshu Garg

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He holds an engineering degree in Computer Science Engineering and is a passionate economist. He built his first digital marketing startup when he was a teenager, and worked with multiple Fortune 500 companies along with smaller firms. When he is not solving the transportation problems at his company, he can be found writing about the blockchain or hacking at a Hackathon.

Calvin Ayre, the Canadian-born bitcoin mogul, affectionately dubbed ‘his excellency’ by the government of Antigua and Barbuda is set to build a first of its kind bitcoin-funded resort in the Caribbean paradise. The resort which is estimated to cost about $100 million dollars is being funded by profits made by Ayre in cryptocurrency investments. The resort is reportedly being situated…

The victims of a sophisticated Twitter bot scam are crypto enthusiasts. With the rise of popularity of cryptocurrency, early crypto developers became celebrities overnight. As a result, most witnessed a surge in the status of their social media profiles.That’s leading to some clever scams. These scammers work by following the real accounts of renowned developers and other personalities and creating…

A prominent lawmaker involved in the initial flurry to pass laws to regulate cryptocurrencies has passed away. The 52-year old Jung Ki-Joon was discovered deceased in his home in Seoul last February 18, 2018. South Korea has been in the news since November 2017 for making formal efforts to come to grips with the cryptocurrency craze in the country. Subsequently,…

The price of bitcoin, the number one ranked cryptocurrency in the world, rose above $11,500 on its current price resurrection after a turbulent start to the year. The catalyst of this recent revival is being attributed to a series of high-value bitcoin purchases that have totaled about $344 million. The identity of this mystery purchaser is unknown but said buyer…

Once looked upon as the domain of professional techies, cryptocurrency has grown exponentially since its inception. More and more companies are becoming cognizant of the increasing applicability of a digital currency in a business world so strongly built upon digital platforms. Bringing Crypto to Shipping In the latest effort to continue this expansion, the Prime Shipping Foundation has announced its…

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Denison Yachting, a Yacht dealer, based in Florida, has announced that it has begun to accept payment in bitcoin for its range of high-end luxury yachts. Announcing on February 16, 2018, the company stated that apart from bitcoin, it will also accept payment in ether, bitcoin cash, as well as Tron. This announcement comes in the wake of the popular…

Two provinces in the westernmost part of the Russian Federation have expressed willingness to host mega cryptocurrency mining facilities. Kaliningrad and Leningrad, two regions separated by over 900 kilometers are set to get involved in the world of cryptocurrency mining by allowing miners to set up shop within their jurisdictions. The two provinces want miners to upscale their activities from…

The National Bank of Poland has admitted to carrying out a $30,000 campaign on the subject of cryptocurrencies using many social media platforms. The campaign resulted in controversy rages about a couple of YouTube videos that are less than flattering about the economic viability of cryptocurrencies. Marcin Dubiel, a popular Polish Youtuber with more than one million subscribers on his…

On February 16, 2018, news began to filter out from Reddit and several social media platforms that Coinbase users were experiencing unexplained charges and deductions on their Visa debit and credit cards. A vast majority of these charges and deductions were carried out multiple times, with some users experiencing more than 50 duplicate charges and deductions from their Visa cards….

Financial Market Supervisory Authority (FINMA), the financial regulator in Switzerland, has published new guidelines indicating that it will start treating some tokens sold during Initial Coin Offerings (ICOs) as securities. FINMA issued a press release on February 16 saying that the move is aimed at addressing some of the questions raised about the regulations applicable to ICOs. These regulations indeed…

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